Despite a slightly soft top line (£72.6m vs N1Se £74.3m) Centaur has delivered EBIT 10% ahead at £6.6m (N1Se £6.0m). 2018 trading has started satisfactorily with core subscriptions and events bookings healthy. Advertising remains a drag, but a shrinking one. Looking forward to 2018, revenues will be driven by the changing mix of the business. The big engines (MarketMakers and Marketing) should drive the top line with MarketMakers annualisation due to boost profits along with good growth at the L ....
21 Mar 2018
Profits and cash ahead
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Profits and cash ahead
Centaur Media plc (CAU:LON) | 51.0 0 0.0% | Mkt Cap: 74.9m
- Published:
21 Mar 2018 -
Author:
Johnathan Barrett -
Pages:
3
Despite a slightly soft top line (£72.6m vs N1Se £74.3m) Centaur has delivered EBIT 10% ahead at £6.6m (N1Se £6.0m). 2018 trading has started satisfactorily with core subscriptions and events bookings healthy. Advertising remains a drag, but a shrinking one. Looking forward to 2018, revenues will be driven by the changing mix of the business. The big engines (MarketMakers and Marketing) should drive the top line with MarketMakers annualisation due to boost profits along with good growth at the L ....